Does The Medallionaire App Really Work?

Hi,

I recently received an email recommending I signup with the Medallionaire App. It says that they are part of the Medallion Hedge Fund that is run by James Simons from Renaissance Technologies.

The reason I am skeptical of this is because they say “These are GUARANTEED profits of at least $1,100 EVERY day for you.”

Are the testimonials real or fake?

Also, I thought that in order to invest in a hedge fund you need to have a net worth of more than a million dollars, how can they do this for only $250 initial investment?

I like the concept of Algo trading because I think that in order to beat the markets you need to be faster than the computers. Do you know if this is a scam or legit?

They created an account for me a Bloombex Options, which is a binary options broker, but I don’t think they are licensed in England.

Thanks for your help,
Jamie